China MediaExpress Holdings, Inc. (fka CCME)

[mauiguy2]

I agree, Value. CCME was moving down hard during the time that rru2s was selling. Then it stabilized in the low 1.60's...probably the time he was finished selling.

I've had a limit order for the past 2 days at 1.59. Wouldn't you know that the price came down to 1.60 and missed me by a penny. Not wanting to be out of the action, I decided to buy 1/2 my original intention at 1.65.

Not sure where it's going on Monday. But, no stock goes directly to zero without a bounce.

We've learned that one CCME shareholder, Rru2s, was dumping a lot of shares much of the last hour this afternoon. It likely triggered a bunch of trailing stops. Plus the momentum traders quickly started to dump when this happened. Otherwise we might still be above $2 for the day.